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Incorporating Trust Income and Donations in IT3 Third Party Data Reporting
- 02 November 2023
- Tax Administration
- SARS
Two additional third-party data submissions have been added:
- IT3(t): income received from a Trust
- IT3(d): declarations pertaining to Section 18A donations
The third-party data-reporting process requires Representative Taxpayers to report the required ITR12T information via the IT3-01 and IT3-02 forms. Representative Taxpayers can view and correct the data or certificates submitted to SARS on request.
SARS requests that Section 18A approved entities (e.g., Government Institutions, Public Benefit Organisations, or United Nations Agencies) that received donations and issued tax-deductible receipts to Donors, to report those receipts to SARS. If a receipt was issued, then it should be reported to SARS. SARS has updated the documents pertaining to these processes. We have also developed a new guide on how to manage the submission of IT3 third-party data:
- GEN-ENR-01-G01 – Guide for the Submission of Third-Party Data using the Connect Direct channel – External Guide
- GEN-ENR-01-G02 – Guide for the Submission of Third-Party Data using the HTTPS Channel – External Guide
- GEN-ENR-01-G03 – Guide for the Submission and Declaration of IT3 Third-Party Data via eFiling – External Guide
- GEN-ENR-01-G10 – Manage Submission of IT3 Third Party Data – External Guide
Source: SARS